$PLAY USDT Perpetual — Long Setup Analysis

Market Context

PLAYUSDT has printed a strong impulsive breakout with heavy volume, pushing price +48% in a short time. Momentum remains bullish, but after such expansion, pullback entries are preferred rather than chasing highs.

🔹 Key Levels

Current Price: ~0.0613

Major Resistance: 0.0650 → 0.0700 → 0.0750 → 0.0800

Strong Support / Demand Zone: 0.0580 – 0.0550

Invalidation Level: Below 0.0520

📈 Trade Idea: LONG (Pullback-Based)

Entry Zone:

Primary Buy: 0.0580 – 0.0550

Aggressive Buy: 0.0600 – 0.0590 (only on strong holding above VWAP / bullish candle confirmation)

Targets:

TP1: 0.0650

TP2: 0.0700

TP3: 0.0750

TP4 (Extended): 0.0800

$PLAY

PLAYBSC
PLAY
0.094731
-2.95%